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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. IndusInd Bank Limited
  4. Gujarat
  5. Magod
  6. Valsad
  7. MICR: 396234503

MICR Code: 396234503

Bank: IndusInd Bank Limited
IFSC Code: Indb0000937
MICR Code: 396234503
Address: Grd Flr Godown No 2 Magod Dungri Matsyodyog Vividh Karyakari Sahakari Mandli Ltd Valsad Guj 396020
City: Valsad
District: Magod
State: Gujarat

What is MICR Code?

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Details of MICR Code

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 396234503.

  • In this case first three codes 396 is city code and it represents city Valsad.
  • Next three characters 234 represents bank IndusInd Bank Limited.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Grd Flr Godown No 2 Magod Dungri Matsyodyog Vividh Karyakari Sahakari Mandli Ltd Valsad Guj 396020.

How to find micr code (for example 396234503) from bank account number?

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.